Friday, April 29, 2011

Bull flag falls short


On Thursday, I mentioned the 60 minute bull flag on the Euro. The flag looked like it was going to hit a new high, but came a few ticks shy of the high put in early Wednesday morning. This sets up a potential "comeback" trade, which is a reversal of the trend. I'll have more on that in this weekend's FOREX video.

Michael tiny Saul

tinymjs at gmail dot com

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